POPA ReconApyx (#id160666)
Apyx (#id160666) @everyone There was a fair bit of confusion last week around redemption value, the buffer, and what actually moves apxUSD back to a dollar. That's on us to explain better, so we want to clear it up directly. 📌 Where apxUSD trades vs. where it redeems A lot of focus right now is on the apxUSD market price during this STRC drawdown, so let's be clear about how redemption actually works and what brings it back to a dollar. 🔑 The key point apxUSD is a claim on a collateral basket. Its redemption value tracks the value of that basket per token, not the moment-to-moment second…
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